As completion of Tesoro's rail terminal to receive Bakken crude at its Washington refinery draws near, there's talk within the company of shipping the light, sweet oil to Tesoro's Alaska refinery where the company pays substantially more for both similar oil from the Cook Inlet basin and lower grade oil from the North Slope. If Cook Inlet basin oil explorer are successful, contract negotiations for their new oil could be tricky if Tesoro, the region's primary oil buyer, plays its Bakken card.
Sunday, June 3, 2012
Crazy Season: Coal to Newcastle; Bakken Oil to Alaska
Link here to Petroleum News.
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